Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Yes, but they sold at a loss (at least according to the data they released). Who cares what they did in sales if they lost money? Only thing that matters is profits.
What are you talking about?
Chips are sold at around $0.5/gh and cost around $0.2/gh.
If they sold at a loss how would they have $9,000,000 in assets?
+1
in the meantime it should seep through that fc invested all profits in next batch, which makes sense.
question is if deployment of excess chips for mining operation will make any difference in the end after the network explodes.
so far selling chips is still more profitable than mining with them, right?